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Nanton Nickel Corp
Symbol NAC
Shares Issued 17,132,133
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ORIGINAL: Nanton Nickel arranges $2.5-million private placement

2014-10-21 15:15 ET - News Release

Received by email:

File: Nanton Nickel PR October 21 2014v2.docx

NANTON NICKEL CORP.
Suite 800-1199 West Hastings Street
Vancouver, B.C. V6E 3T5

October 21, 2014                                                             TSX Venture Exchange
 Trading Symbol: NAC

FOR IMMEDIATE RELEASE

NANTON NICKEL CORP.  ANNOUNCES $2.5 MILLION SUBSCRIPTION RECEIPT FINANCING

Vancouver, British Columbia - Nanton Nickel Corp. (the "Company") is currently finalizing a change of business of the 
--->Company (the "Change of Business") to enter the digital health space as Eyecarrot Innovations Corp.  The company is pl
--->eased to announce it has arranged a non-brokered private placement financing for proceeds of up to $2,500,000 which co
--->nsists of 10 million subscription receipts (the "Subscription Receipts") at a price of CAD $0.25 per Subscription Rece
--->ipt (the "Offering"). The proceeds of the Offering will be held in escrow pending completion of the proposed change of
---> business of the company (see press releases dated February 3, 2014 and August 15, 2014), following which the Subscrip
--->tion Receipts will be deemed to be exchanged, without payment of additional consideration, for one common share of the
---> Company. Should the Change of Business not be completed by January 31, 2015, the subscribers may elect to retract the
---> Subscription Receipts and have funds returned.
The Company may pay finder's fees in relation to the Offering in accordance with the policies of the TSX Venture Excha
--->nge and applicable securities laws.
The proceeds of the Offering, once released, will be utilized to further the Company's business objections in relation
---> to the Change of Business, general and administrative expenses and working capital.
Closing of the Offering is subject to certain conditions including, but not limited to the receipt of applicable regul
--->atory approvals including approval of the TSX Venture Exchange. 

On behalf of the Board of Directors


Adam Cegielski
President and Chief Executive Officer

Telephone: 416.943.6271

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
---> Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

"Completion of the transaction is subject to a number of conditions, including Exchange acceptance and disinterested S
--->hareholder approval. The transaction cannot close until the required Shareholder approval is obtained. There can be no
---> assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the Management Information Circular and/or Filing Statement to be
---> prepared in connection with the transaction, any information released or received with respect to the Change of Busin
--->ess may not be accurate or complete and should not be relied upon. Trading in the securities of the Company should be 
--->considered highly speculative.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor
---> disapproved the contents of this press release."





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